Topic: Growth Stocks

Wall Street Stock Forecaster Hotline – Friday, July 8, 2011

Article Excerpt

TUPPERWARE BRANDS CORP., $71.45, New York symbol TUP, has gained 174.8% since we first recommended it in the May 2007 Wall Street Stock Forecaster at $26. It’s also up 56.6% since we named it as our “#1 Stock of the Year” for 2011 in the January 28, 2011 Hotline. The company makes high-quality products for the home, including plastic food and beverage containers and children’s educational toys. It also makes wide range of cosmetics, bath oils and fragrances. Tupperware sells its products through independent dealers and over the Internet, instead of retail stores. This keeps its distribution costs down, and gives it greater flexibility to handle rising prices for plastic resins made from petroleum. As well, Tupperware continues to see strong growth in emerging markets like Brazil, Turkey and Indonesia. Even after its big rise, we feel Tupperware has plenty of growth ahead. The stock also trades at a reasonable 15.7 times the company’s likely 2011 earnings of $4.54 a share. Tupperware…